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when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional portions that it brings up? >> the supreme court said in 1992, a time we were talking about catalogs. that that time, state laws were too complex for everyone. guess what? we are in a different day and age, everyone knows electronic commerce, the internet is here to take. it's robust and what you have now is because congress has not acted you are giving a subsidy to online retailer that is not needed. what we need to do is treat everyone the same. if you have customers in a state with a sales tax, you should collect and remit. >> steve, you got the first
when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional...
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Apr 23, 2013
04/13
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KRON
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even though you are supposed to declare those items on your state tax returns and pay the sales tax. very few americans do. the senate voted 74 to 20 as today to take up the bill. with the level of support, the senate to pass the bill as early as this week. >> >> we will take a break is 511 back with more in a moment. when we come back we will the full text of forecast. here's a look at san jose. the ride on 101 looking okay. temperatures outsider pretty good. 54 in san jose looking for near a [ male announcer ] fact: the 100% electric nissan leaf... is more fun than ever. sees better than ever. ♪ charges faster. and will charge. cool. and heat. from your phone. fact: leaf never needs gas. ever. good for the world. built in america. now, leaf's an easier choice than ever. ♪ shop at choosenissan.com. ♪ shop at choosenissan.com. yeah, kfc! original recipe. original recipe? dad, i think you ate the bones. i did what? you ate the bones! i ate the bones? i ate the bones! i ate the bones! [ male announcer ] kfc original recipe, now available without the bone. freshly prepared white o
even though you are supposed to declare those items on your state tax returns and pay the sales tax. very few americans do. the senate voted 74 to 20 as today to take up the bill. with the level of support, the senate to pass the bill as early as this week. >> >> we will take a break is 511 back with more in a moment. when we come back we will the full text of forecast. here's a look at san jose. the ride on 101 looking okay. temperatures outsider pretty good. 54 in san jose looking...
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Apr 23, 2013
04/13
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KGO
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three former employees were arraigned for income tax fraud and money non-- money laundering. >> they are a group people that come to the united states after a military duty in israel and do this type of business and it is not isolated to our county, it is something that happens across the united states. >> this case is scheduled to go to trial in june and as for the five who skipped town the d.a. will issue a warrant for their arrest. >> the postal service has dealt a blow to berkeley neighbors fighting to keep a historic post office open saying they have oh kid the sale of the berkeley post office building. city leaders say the 99-year-old building has historic significance and should be preserved and the post office said they will open a new post office as close to the country site as possible part of the effort by the post office to generate revenue. opponents have 15 days to appeal. >> the warriors face the nuggets in denver tonight in game two in the playoff sears. they almost pulled out a win saturday night but miller was able to make the game-winning basket with over a second
three former employees were arraigned for income tax fraud and money non-- money laundering. >> they are a group people that come to the united states after a military duty in israel and do this type of business and it is not isolated to our county, it is something that happens across the united states. >> this case is scheduled to go to trial in june and as for the five who skipped town the d.a. will issue a warrant for their arrest. >> the postal service has dealt a blow to...
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Apr 23, 2013
04/13
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KCSM
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the president faces a tax evasion probe. the city of boston has been holding a silent vigil and remembered -- in remembrance of the attack one week ago. >> public life team to a halt at 2:50 p.m., the exact time the attack took place. three people were killed and more than 180 were injured when two homemade bombs went off to the finish line of therace. authorities say they have charged the one surviving suspect. he is in the hospital with serious injuries. >> federal prosecutors say he will face charges of using a weapon of mass distraction and malicious distraction of property resulting in death. he could face the death penalty. >> the suspect was charged while still inis hospital bed. he is unable to speak due to a gunshot wound in the throat, but that he can respond to questions in writing. the 19-year-old could face the death penalty if found guilty. investigators continue to search for evidence at the scene of the shootout that ended in his arrest on friday night. police say they found at least two more explosive device
the president faces a tax evasion probe. the city of boston has been holding a silent vigil and remembered -- in remembrance of the attack one week ago. >> public life team to a halt at 2:50 p.m., the exact time the attack took place. three people were killed and more than 180 were injured when two homemade bombs went off to the finish line of therace. authorities say they have charged the one surviving suspect. he is in the hospital with serious injuries. >> federal prosecutors say...
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Apr 23, 2013
04/13
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, we are tyco integrated security. and we are sharper. hey everybody, hi mom... streaming live with a tour of my new place... knowg you can still reach out. ... and now you've seen it. that's powerful
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated...
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dollars or what's taxed that's the simplest way to. no income tax if you're paid in case. you're paid in most of the bread. that's it just an exchange a commodity for the use of my time and my skills. serving linda rothschild and he is sitting there overlooking all of his sheep hanging out in front of him so the i.r.s. and fellow reserve the builder birds and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones flying over us we've got our military now to to extend democracy out there to the rest of the world and as long as we're sleeping we're just watching t.v. everything's going to be just fine it was while they lose one of us and they don't really like to lose us but it's all collateral damage. now and. the people here believe very strongly in peace we're pacifists we are anti war. we believe at the same time though that. very strong defense and being able to protect your life your liberty and your property is also very important so as we walk through you may see guns scattered across the bu
dollars or what's taxed that's the simplest way to. no income tax if you're paid in case. you're paid in most of the bread. that's it just an exchange a commodity for the use of my time and my skills. serving linda rothschild and he is sitting there overlooking all of his sheep hanging out in front of him so the i.r.s. and fellow reserve the builder birds and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones...
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Apr 23, 2013
04/13
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KTVU
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senate today voted overwhelmingly to take up a bill that could impose sales tax on all internet sales. today's vote clears the way for debate and attempts later this week. it would then go to the house of representatives. the bill would exempt online retailers with less than a million a year in sales. >>> protesters in san francisco used the annual environmental event as a call to arms. [ drums beating ] >> at the epa's regional headquarters, a diversion crowd of demonstrators spoke out against a variety of problems. they criticized the investigation into last summer's richmond refinery fire and also protested against hydraulic fracking for natural gas. >> we're here to ask the epa to stop the expansion of the toxic wasteland filling our town. >> these people are really frustrated. many of them low-income minority folks from the bay area that feel like there's too much pollution in the neighborhoods. >> the protesters then marched to the state department offices where they stepped up their protests to civil disobedience. the epa administrator said 40 years after the first earth day, t
senate today voted overwhelmingly to take up a bill that could impose sales tax on all internet sales. today's vote clears the way for debate and attempts later this week. it would then go to the house of representatives. the bill would exempt online retailers with less than a million a year in sales. >>> protesters in san francisco used the annual environmental event as a call to arms. [ drums beating ] >> at the epa's regional headquarters, a diversion crowd of demonstrators...
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dollars or what's taxed. that's the simplest way to. no income tax if you're paid in a. fourth you're paid in. the bread. you know that's it just an exchange a commodity for the use of my time and my skills. serve linda roth child and he is sitting there overlooking all of his sheep and yell in front of fema camps and the i.r.s. and fellow preserve the builder birds and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones flying over us we've got our. military now to to extend democracy out there to the rest of the world and as long as we're sleeping we're just watching t.v. everything's going to be just fine there was a while they lose one of us and they don't really like to lose us but it's all collateral damage. now and. the people here believe very strongly in peace we're pacifists we are anti-war. we believe at the same time though that very strong defense and being able to protect your life your liberty and your property is also very important so as walk through you may see guns scattere
dollars or what's taxed. that's the simplest way to. no income tax if you're paid in a. fourth you're paid in. the bread. you know that's it just an exchange a commodity for the use of my time and my skills. serve linda roth child and he is sitting there overlooking all of his sheep and yell in front of fema camps and the i.r.s. and fellow preserve the builder birds and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and...
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Apr 23, 2013
04/13
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to tax. "varney & company" about to begin. > >> any politician gets 70 million votes is larger than you and me as much as i hate to admit. it look at the winning smile and trusting eyes and i made myself vital, after 22 years in congress, i can smell which way the wind is blowing. stuart: kevin spacey, we show you that clip why "house of cards" a hit show only showing on netflix and that's why the stock will soar from the opening bell. look at it up nearly 25% pre-market and offered a month free with "house of cards" as the bait and people liked it, big jump in subscribers, almost as many pay for netflix as h.b.o. that means streaming arrived. and apple likely be to be the stock of the day along with netflix and earnings later. tim cook, pressure on him. apple hasn't had a break through since he took over and the entire financial team is on scrutiny. four apple executives are among the top paid of all 500 top company ceo's, get between 68 and 85 million dollars a year. a lot more than tim coo
to tax. "varney & company" about to begin. > >> any politician gets 70 million votes is larger than you and me as much as i hate to admit. it look at the winning smile and trusting eyes and i made myself vital, after 22 years in congress, i can smell which way the wind is blowing. stuart: kevin spacey, we show you that clip why "house of cards" a hit show only showing on netflix and that's why the stock will soar from the opening bell. look at it up nearly 25%...
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Apr 23, 2013
04/13
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FBC
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how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where americans don't top work. this that is find just give us an answer, do we as a nation make money? do we benefit? do we prosper because of illegal immigration. you hear everyone say we're a nation of immigrants, why don't they say a nation of illegal immigrants? the questions go on and on, is the path to citizenship appropriate? is it good or bad for the economy? it is good for american society. the real question becames after 10 years of debating this issue, why in the world don't we havv tse answers? that's the big question. if you have been watching politics, and washin
how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where...
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Apr 23, 2013
04/13
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FBC
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10 years through a series of limits on tax breaks, a tax on the banking industry and new estate taxes. now the tpc estimates that 86% of additional taxes in 2015 will be paid by those earning over $200,000. the president's budget proposal plans on also raising the tax on cigarettes. 94 cents more per pack. the tpc says that the higher cigarette tax will affect low and moderate income families as they are more likely to smoke than higher income earners. there you go. i don't smoke but a pack of cigarettes, my gosh. tracy: a lot of money. ashley: a lot of money. tracy: a sneaky way to get more money out of you because they push you to higher brackets quicker. ashley: yeah. tracy: sneaky. a new on line sales tax expected to clear the senate. could it face a tough battle in the house? we'll have details on that next. ashley: a bogus tweet claiming president obama injured in a white house, explosion sending stocks plunging. we have the latest from washington to wall street. first let's take a look at latest winners and losers as we head to break. @ menaced the close, let's go to the f
10 years through a series of limits on tax breaks, a tax on the banking industry and new estate taxes. now the tpc estimates that 86% of additional taxes in 2015 will be paid by those earning over $200,000. the president's budget proposal plans on also raising the tax on cigarettes. 94 cents more per pack. the tpc says that the higher cigarette tax will affect low and moderate income families as they are more likely to smoke than higher income earners. there you go. i don't smoke but a pack of...
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Apr 23, 2013
04/13
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FBC
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the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do it in cooperation with the ranking republican on that committee. i think that it is within the realm of possibility that these two could do that. dave camp, the republican chairman of the house weighs and means committee has been working on the tax reform. we've seen on immigration, the president is leading from behind. he's the opposite of l.b.j. who insisted that congress pass his law without changing a comma. president obama doesn't have much in the way of recommendations. so it's possible, i think, not likely but possible that we could see serious moves towards tax reform. dagen: keep
the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do...
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he is suspected of not being around seventy million dollars worth of taxes it is the same case which involved. work for the fund but while he died in prison before a court could make a decision on this case but he was also suspected of taking part in these alleged illegal activities overseen by mr browder but actually now he's been put on the international wanted list in connection to a whole other story he's suspected of illegally purchasing through various criminal schemes around one hundred million dollars worth of shares of russia's energy giant gazprom and under russian war of foreign companies are prohibited from buying the such shares and he's also suspected of trying to infiltrate the company changing things inside including changing its charter one of the reasons behind him being put on the international wanted list is that the previous court hearings were held without without him actually there present and the other reason is that the prosecution believes that he could apply pressure on some of the witnesses so well now that he has been put on the list it's logical to expec
he is suspected of not being around seventy million dollars worth of taxes it is the same case which involved. work for the fund but while he died in prison before a court could make a decision on this case but he was also suspected of taking part in these alleged illegal activities overseen by mr browder but actually now he's been put on the international wanted list in connection to a whole other story he's suspected of illegally purchasing through various criminal schemes around one hundred...
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Apr 23, 2013
04/13
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who you how do they bring all the cash back here without a huge tax bill? >> just call bank of america and borrow it at 2%. david: okay. >> your dividend with the increase grosses up to 4.5%. so it is a negative cost to finance at the margin if you, if you borrow. so, this isn't a problem at all. i think, also, i'm a great student of dr. john malone, this cop use some leverage. i this we're really moving in the right direction. liz: we have got breaking news and that is apple beat estimates on both the top and the bottom lines. let's stop. we want to let our viewers know, still halted right now. the second it starts trading we will get you that price but john bright is saying he expects it to move higher in the after-market. rob, what do you think? in a way the outlook is a little mixed here? >> i actually expect it to move higher in the after-market as well though i don't think it has hit bottom yet. i think we'll go through a number of cycles as this company proceeds. it will be a upcycle for a while and outlook will take hold as we drop into the next qua
who you how do they bring all the cash back here without a huge tax bill? >> just call bank of america and borrow it at 2%. david: okay. >> your dividend with the increase grosses up to 4.5%. so it is a negative cost to finance at the margin if you, if you borrow. so, this isn't a problem at all. i think, also, i'm a great student of dr. john malone, this cop use some leverage. i this we're really moving in the right direction. liz: we have got breaking news and that is apple beat...
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one way we can break our addiction to fossil fuels is to create a carbon tax so clean energy forms that use modern sunlight energy from wind to solar to waves or replace our addiction to dirty fossil fuels all across the globe from australia to china to europe nations have made the decision to break their addiction to fossil fossil fuels using carbon tax it's time america did the same thing it's time we stepped out of the carboniferous mesozoic periods and into the twenty first century. and that's the way it is tonight monday april twenty second two thousand and thirteen more information check out our website said tom hartman dot com free speech or r t dot com in hulu dot com slash the big picture and oprah did as tom always says democracy begins with you get out there get active occupy something tag you're it. wealthy british style. sometimes. markets why not so fond of. find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune in to kaiser report on r g. s. download the official ati application to your cel
one way we can break our addiction to fossil fuels is to create a carbon tax so clean energy forms that use modern sunlight energy from wind to solar to waves or replace our addiction to dirty fossil fuels all across the globe from australia to china to europe nations have made the decision to break their addiction to fossil fossil fuels using carbon tax it's time america did the same thing it's time we stepped out of the carboniferous mesozoic periods and into the twenty first century. and...
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Apr 23, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back to cnbc. disappointing figures out of germany keep market gains in check with investorers concerned about weaker than expected data in china. a mixed set of numbers in europe with kpm disappointing, but more positive earnings from escona. apple is getting set to report much anticipated results around noon. analysts get set for a shrink for the first time in aek did aid. >> your data alert out of britain, that compare bes a 15.5 billion establishment and $16.7 billion a year ago. as britain's finances come more and more into focus, the question then becomes what these levels will continue to look like. chris williamson is still here. we're seeing a sell-off in sterling by 15.1%. how does that drive with your expectations? >> it's a little better than the market was expecting. and importantly, this
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back to cnbc. disappointing figures out of germany keep market gains in check with investorers concerned about weaker than expected data in china. a mixed set of numbers in europe with kpm...
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Apr 23, 2013
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houston, texas, no taxes, chicago, illinois. >> chicago's a great city. i love chicago, my wife's from chicago, but i've got to go with houston because i like the tax rate. >> and you were just there. >> i was just there, people were nice. i like the kind of semi-spanish style of the home, the gas grill, that outdoor living thing they've got going. >> it's a great house, great house, great location, houston, texas wins. >> wow! we've dethroned the painted lady. >> the former brothel, and that house, by the way, the other one, is actually, was a former brothel. so the english manor has deflowered the former brothel, so to speak. >> it's almost worth staying in the painted lady to hear the whispering -- >> you can't imagine the number of e-mails i got about it, seriously. but i have to tell you, it's a tough, tough go on this one. okay, both houses are amazing, both houses are in beautiful condition, both houses just are winners. but texas wins. the fact that unemployment in chicago is so much higher than houston, houston, 6%, chicago 9.2. you've got to giv
houston, texas, no taxes, chicago, illinois. >> chicago's a great city. i love chicago, my wife's from chicago, but i've got to go with houston because i like the tax rate. >> and you were just there. >> i was just there, people were nice. i like the kind of semi-spanish style of the home, the gas grill, that outdoor living thing they've got going. >> it's a great house, great house, great location, houston, texas wins. >> wow! we've dethroned the painted lady....
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CNNW
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to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com google's backyard for the wbing it on challenge.. [fight bell: ding, ding] what's your preferred search engine? search engine, uhh, probably google. if we do a side by side blind test comparison, and you end up choosing google, you get an xbox. i'll bet you the xbox, you bet me your son. well let's look up what you need. okay, i would do the left. yeah? what?! i am a daddy! bing wins it! bing won. bing did win. people prefer bing over google for the web's top searches. don't believe it? go to bingiton.com and see what you're missing. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a ton of extra hhonors points with the daily grand promotion and feel the hamptonality. it's lots of things. all waking up. conn
to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com google's backyard for the wbing it on challenge.. [fight bell: ding, ding] what's your preferred search engine? search engine, uhh, probably google. if we do a side by side blind test comparison, and you end up choosing google, you get an xbox. i'll...
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. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reduc
. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny...
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of course it is the whole stupidity of the pig headed bureaucratic elite of tax free limousine liberals in brussels for the past five years has been there in c.m. conceit that they could manage to create build on sound a fungible working you're a real currency it does not work there are countries that have incredible debt that we know large to grow incredible debt they need to default let me ask you this from a purely economic standpoint would it be cheaper for the eurozone to continue paying through its nose for some of its troubled members let's put it that way or to clean up the mass after some defaults it is absolute in some of the way that the euro zone is consistently trying to desperately hold itself together and spending our unbelievable amounts of money at the same time beggaring populations in many countries to lifetimes of unemployment it's not the whole situation is market multiple countries in the euro zone need to leave the euro zone they need to default on their debt and then they need to go up by pragmatic and practical rebuilding of their economies and endeavor not to o
of course it is the whole stupidity of the pig headed bureaucratic elite of tax free limousine liberals in brussels for the past five years has been there in c.m. conceit that they could manage to create build on sound a fungible working you're a real currency it does not work there are countries that have incredible debt that we know large to grow incredible debt they need to default let me ask you this from a purely economic standpoint would it be cheaper for the eurozone to continue paying...
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Apr 23, 2013
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. >> the combination of tax liens and higher revenue drove two of the country's largest airlines to post a rare profit in the first quarter. >> delta air lines, excluding charges it earned 10 cents a share on revenue of $8.5 billion. by the way, this is the first profitable first quarter in over a decade for delta. >> meanwhile, u.s. airways beat the street earning 31 cents a share on revenues of under 3.4 billion. the combination of tighter capacity and higher load factors meant they were lower in the first quarter and fuel prices also help the bottom line. executive it is for the airline expressed concerns due to the faa furloughs impacting their business in the second and third quarters. with more delays expected some on wall street are worried the sequester could warn potential airline customers not to fly. >> people get to vote their vacation dollars however they want and they see that it's a hassle to fly more than it's normally a hassle to fly and they may vote and, you know, differently and with lower gasoline price s they might get people driving to their vacation rather than fl
. >> the combination of tax liens and higher revenue drove two of the country's largest airlines to post a rare profit in the first quarter. >> delta air lines, excluding charges it earned 10 cents a share on revenue of $8.5 billion. by the way, this is the first profitable first quarter in over a decade for delta. >> meanwhile, u.s. airways beat the street earning 31 cents a share on revenues of under 3.4 billion. the combination of tighter capacity and higher load factors...
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Apr 23, 2013
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com hwelcome back.. nice to see you again! hey! i almost didn't recognize you without the suit. well, this is my weekend suit. weekend getaways just got better. well, enjoy your round! alright, thanks! save a ton on our best available rate when you book early and feel the hamptonality. do you guys ride? well... no. sometimes, yeah. yes. well, if you know anybody else who also rides, send them here -- we got great coverage. it's not like bikers love their bikes more than life itself. i doubt anyone will even notice. leading the pack in motorcycle insurance. now, that's progressive. call or click today. aarrggh! >>> hello, everyone, and welcome back to cnn's live coverage of the aftermath of the boston terror attacks. i'm isha sesay. >> and i'm jonathan mann. it's 32 minutes after the hour. it is a relief if true. dzho
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com hwelcome back.. nice to see you again! hey! i almost didn't recognize you without the suit. well, this is my weekend suit. weekend getaways just got better. well, enjoy your round! alright, thanks! save a ton on our best...
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Apr 23, 2013
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yes, so apple becomes still one more bond equivalent with a better coupon than the bond itself that's tax advantage. without new products what you have is a company that's not much different in their eyes than something as pro sayic as kimberly-clark or pepsico or even mcdonald's. they're all innovators too and they're all marching around the world with new products and winning everywhere they seem to go with good balance sheet, good yield. these companies have the secret sauce which is expanding gross margins and higher earnings. and as lacking as mcdonald's might be, they are a technical marvel in their own ability to deliver, well, what i had this morning on the set on "squawk on the street." a healthy egg mcmuffin with much less cholesterol because it was made with egg whites. don't laugh! don't laugh. you have to understand what the stock market really wants right now. it wants consistent, higher earnings with a consistent increase in dividend. apple gives you only the latter, not the former. the market wants visible innovation that can move the needle. apple does not have that yet,
yes, so apple becomes still one more bond equivalent with a better coupon than the bond itself that's tax advantage. without new products what you have is a company that's not much different in their eyes than something as pro sayic as kimberly-clark or pepsico or even mcdonald's. they're all innovators too and they're all marching around the world with new products and winning everywhere they seem to go with good balance sheet, good yield. these companies have the secret sauce which is...
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we have uncertainty around tax. china's government is just now firmly in place and starting to take action. so i think that didn't allow things to progress on that side as well in the first quarter. >> in terms of china, we spoke yesterday with doug from caterpillar. he said in china things look a little better than they had to this point. what's your business in china look like? >> our business depends on the sector. things like nutrition and health food and agriculture, we're making great progress. automotive. in china, builds were up 12% year over year. in other areas that are infrastructure related, they have been lagging 6% to 9%. things about transformers or motors or generators. we see a lot of indication that's starting to loosen up and improve. >> i'm a nascar fan. i'm a jeff gordon fan. he's my favorite driver. i'm starting to see your name a little bit less on the 24 car. which makes me think automotive paint not where you need to be. i'm surprised by that given the automotive industry has done so well. w
we have uncertainty around tax. china's government is just now firmly in place and starting to take action. so i think that didn't allow things to progress on that side as well in the first quarter. >> in terms of china, we spoke yesterday with doug from caterpillar. he said in china things look a little better than they had to this point. what's your business in china look like? >> our business depends on the sector. things like nutrition and health food and agriculture, we're...
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Apr 23, 2013
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a proposed sales tax would require retailers with sales of more than a million dollars to tax its shoppers. that could generate up to $23 billion a year in revenue. bay area-based ebay does not support the bill. its ceo emailed millions of users asking them to fight it. the u.s. senate began debating the bill yesterday. >>> 5:20. coming up the as did something they haven't done in almost a year. >> plus, buster posey led a giants comeback and an unlikely source finished it. >> first as we count down to opening day here's a look at the new bay bridge. we'll be right back. ,, when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. >>> taking a check now, fine across the golden gate bridge, no metering lights, delays through the livermore valley and through dublin-pleasanton. we'll have a check of more traffic and weather together every 10 minutes here on
a proposed sales tax would require retailers with sales of more than a million dollars to tax its shoppers. that could generate up to $23 billion a year in revenue. bay area-based ebay does not support the bill. its ceo emailed millions of users asking them to fight it. the u.s. senate began debating the bill yesterday. >>> 5:20. coming up the as did something they haven't done in almost a year. >> plus, buster posey led a giants comeback and an unlikely source finished it....
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Apr 23, 2013
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yes, payroll taxes are higher. our savings rates are a bit lower, but consumers are spending at higher levels this spring than they did last spring. >> so you don't see a slowdown? >> not at all. and in our category, especially not. >> what about currency translation? you have this race to the bottom, many central banks around the world are adding liquidity. japan, very prominently is doing that right now. that's got to hurt a company like yours, trying to sell goods overseas. >> it's hurt us modestly. in constant currency, as an example, our sales are off up 1 but because of the chain of reduction in the volume, we're only up 7%. it's impacted us a few cents ton bottom line as well. but we do some hedging and we are very diversified. >> what can you tell us about japan? it seems that's all we're talking about in terms of the market activity there, huge rallies, all the stimulus from the central bank there. what are you seeing on the ground in terms of the consumer in japan right now? >> pretty much, the same that
yes, payroll taxes are higher. our savings rates are a bit lower, but consumers are spending at higher levels this spring than they did last spring. >> so you don't see a slowdown? >> not at all. and in our category, especially not. >> what about currency translation? you have this race to the bottom, many central banks around the world are adding liquidity. japan, very prominently is doing that right now. that's got to hurt a company like yours, trying to sell goods overseas....
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why should they trust us to fix the tax code when we use their tax dollars to great artificial markets for uncompetitive industry? why should they trust our vision of free civil society when we give special privileges to supposedly nonprofits like planned parenthood, public broadcasting, agricultural checkoff programs, and the export-import bank? perhaps most important, why should americans trust us at all when too often we don't really trust them when we go for major legislation, nick issued in secret without debating it? and without even reading it. deliberately excluding the american people from their own government. conservatives, equality needs to mean equality for everyone. the second principle to guide our agenda is diversity, or as you might've heard it called elsewhere, federalism. the biggest reason the federal government makes too many mistakes is that it makes too many decisions. most of these are decisions the federal government doesn't have to make and, therefore, shouldn't. every state in the union has a functioning constitutional government. and just as important, each
why should they trust us to fix the tax code when we use their tax dollars to great artificial markets for uncompetitive industry? why should they trust our vision of free civil society when we give special privileges to supposedly nonprofits like planned parenthood, public broadcasting, agricultural checkoff programs, and the export-import bank? perhaps most important, why should americans trust us at all when too often we don't really trust them when we go for major legislation, nick issued...
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Apr 23, 2013
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they almost all pay in more taxes and take out over a lifetime. that seems like a pretty -- i think that is a matter we ought to consider. we think about the total flow into was admitted to america. >> the amount of these is up to 180,000, three times the current. some say their is a need for these workers, especially in the s.t.e.m. field. you testified unemployment does not assert that. significantly honing american workers. i here college graduates are having a hard time, even engineering students are not able to be employed frequently in america. what is the status there? how would you explain your testimony? >> i'm happy to. well, mr. smith gave some data. he said just over 3 percent unemployment. is date is right. a problem is, the interpretation is wrong. we would expect when we are at full employment in these up -- occupations, about a one and a half% rate. about twice where we should be at full employment, so he is misinterpreting the data. i don't think that raising the cap to 180,000 is warranted in any way, shape or form it is business
they almost all pay in more taxes and take out over a lifetime. that seems like a pretty -- i think that is a matter we ought to consider. we think about the total flow into was admitted to america. >> the amount of these is up to 180,000, three times the current. some say their is a need for these workers, especially in the s.t.e.m. field. you testified unemployment does not assert that. significantly honing american workers. i here college graduates are having a hard time, even...
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we've got a phenomenal house in houston, no taxes, great unemployment, we've got a great house in coronado, small but fabulous, and better unemployment, 5%. okay? but i have to tell you, how do you overlook the fact that one house is 4,400 square feet in houston and the other house is only 1,000 square feet. >> that's a huge difference. >> yeah. >> so between the english manor or the cozy cottage, the winner is? >> the english manor. >> because of the size? >> exactly, it's livability. really, a thousand square feet is tough to live in. people do it, i've done it, but it's tough. >> real estate really coming back. >> this has all been real estate porn all day. >> real estate porn, all right. we will leave it there. i don't know exactly what that means, real estate porn. do you want to explain that real quick? >> people love to watch real estate. >> they do, that i get. >> and porn. >> yeah, that's one of the most successful things on the internet right now. >> exactly. always a fabulous guest and winner, dolly lenz. >>> up next, make or break for apple. the technology giant out any minute
we've got a phenomenal house in houston, no taxes, great unemployment, we've got a great house in coronado, small but fabulous, and better unemployment, 5%. okay? but i have to tell you, how do you overlook the fact that one house is 4,400 square feet in houston and the other house is only 1,000 square feet. >> that's a huge difference. >> yeah. >> so between the english manor or the cozy cottage, the winner is? >> the english manor. >> because of the size?...
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internet sales tax which used to be considered the amazon loophole. it cleared a procedural hurdle in the senate yesterday and it could get a vote this week and obama supports levying that tax. they say about $23 billion is lost a year with this loophole and amazon's no longer fighting this battle. actually they're so big and in so many different states that they do not even get involved in this discussion. it is ebay that's been lobbying heavily to keep this loophole in place as we all have enjoyed the benefit from time to time. i want to also point out netflix. you want to talk about andle? it reports after the close today. netflix reported yesterday. netflix stock was at like $53 last september. it is now over $200. they almost have as many subscribers as hbo does now. the stock is up 112%. >> unbelievable! >> 112% in a year. apple's down 30%. >> brian, stop right here. look at that. steve ratner, netflix was on its last breath. they had called in the priest to read it its last rights. i don't want to overplay one thing, but suddenly the guy goes f
internet sales tax which used to be considered the amazon loophole. it cleared a procedural hurdle in the senate yesterday and it could get a vote this week and obama supports levying that tax. they say about $23 billion is lost a year with this loophole and amazon's no longer fighting this battle. actually they're so big and in so many different states that they do not even get involved in this discussion. it is ebay that's been lobbying heavily to keep this loophole in place as we all have...
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next phase of the plan would grant temporary legal status to illegal imgrabts if they pay a $500 back taxes and get a job. they would have to wait ten years to be eligible for a green card, three more years to be eligible for citizenship. it is a pathway to citizenship. it wrangles some like ted cruz of texas. >> any bill that insists upon that jeopardizes the likelihood of passing any immigration reform bill. >> reporter: no question the pathway to citizenship will be the most contentious part of the proposal and that is why the bipartisan gang of eight works so hard in the month leading up to the release of the plan to get influential outside groups like the chamber of commerce on board. >>> air travelers bracing for more delays this morning. the judge refused to stop the furloughs of air traffic controllers.blame for severe flight delays ash the country. jill a sharyl attkisson joins us. >> reporter: the third possible delay of flight delays due to furlough of air traffic controller. the delay stretched from coast to coast. by the end of the night, l.a.x. had one of the biggest backups,
next phase of the plan would grant temporary legal status to illegal imgrabts if they pay a $500 back taxes and get a job. they would have to wait ten years to be eligible for a green card, three more years to be eligible for citizenship. it is a pathway to citizenship. it wrangles some like ted cruz of texas. >> any bill that insists upon that jeopardizes the likelihood of passing any immigration reform bill. >> reporter: no question the pathway to citizenship will be the most...